Merus Power Oyj: Merus Power Plc: Notification in accordance with chapter 9, section 10 of the Securities Market Act on a change in holdings - Kari Tuomala
Merus Power Plc, Company release, 7 June 2024 at 3:00 p.m.
Merus Power has on 7 June 2024 received a notification in accordance with the Securities Market Act, according to which the holdings of shares and votes of Kari Tuomala in Merus Power Plc have before 19 April 2024 crossed the threshold of 15%. The reason for the flagging notification is the amendment to the Securities Market Act, which expanded the flagging obligation to companies listed on the Nasdaq First North Growth Market Finland.
Total position of Kari Tuomala according to the notification:
+----------------+------+-----------+---------+---------------------------+
| |% of |% of shares|Total of |Total number of shares and |
| |shares|and voting |both in %|voting rights of the issuer|
| |and |rights | | |
| |voting|through | | |
| |rights|financial | | |
| | |instruments| | |
+----------------+------+-----------+---------+---------------------------+
|Resulting |19,58%| |19,58% |1 497 144 |
|situation on the| | | | |
|date on | | | | |
|which threshold | | | | |
|was crossed or | | | | |
|reached | | | | |
+----------------+------+-----------+---------+---------------------------+
|Position of | | | | |
|previous | | | | |
|notification | | | | |
|(if applicable) | | | | |
+----------------+------+-----------+---------+---------------------------+Notified details of the resulting situation on the date on which the threshold was crossed:
+------------+------+----------------+---------+-------------------------+
| |Number |% of shares and voting rights |
| |of | |
| |shares | |
| |and | |
| |voting | |
| |rights | |
+------------+------+----------------+---------+-------------------------+
|Class/type |Direct|Indirect |Direct |Indirect (SMA 9:6 ja 9:7)|
|of shares |(SMA |(SMA 9:6 ja 9:7)|(SMA 9:5)| |
|ISIN code |9:5) | | | |
+------------+------+----------------+---------+-------------------------+
|FI4000506902|1 497 | |19,58% | |
| |144 | | | |
+------------+------+----------------+---------+-------------------------+
|SUBTOTAL |1 497 |19,58% |
| |144 | |
+------------+------+----------------+---------+-------------------------+After 19 April 2024, Kari Tuomala holds 19.58% of the shares and votes.
Additional information:
Kari Tuomala, CEO,kari.tuomala@meruspower.com,+358 20 735 4320Aktia Alexander Corporate Finance Oy, Certified Advisor, +358 50 520 4098
Distribution:
Nasdaq Helsinki Oy
Key media
www.sijoittajat.meruspower.fi/enMerus Power in brief:
Merus Power is a technology company that enables a sustainable and energy-efficient future. We design and manufacture innovative electrical engineering solutions, such as energy storages, power quality solutions and services for renewable energy and industrial needs. With our scalable technology, we enable the growth of renewable energy in electric grids and improve the energy efficiency of society. We are a domestic innovative electrical engineering specialist and operate in global and fast-growing markets. Our personnel represent internationally respected engineering expertise. Our turnover in 2023 was EUR 29.0 million and our stock trading symbol on the Nasdaq First North Growth Market Finland is MERUS.www.meruspower.com.The original of this document has been made in Finnish. In case of any discrepancy, the Finnish version will prevail.